GPeters, i backed you before but not doing it this time. Technically you are right from a value point of view. However with a stock like this the share price runs on anticapation , in other words, people get on board and drive the price up a fair bit, because they dont want to lose the opportunity. Thats exactly what happened in September 2011 when it go to $10, now we have phase 3 massive clinical trial with early assessment, 3-6 mths, theyll be assessing efficacy(did i spell that right??)Also we have diabeties if the phase 2 results are good, this thing will move hard. Dont forget spinal fusion. Also dont forget with the news of manufacturing of MPC's approval from the FDA the price moved to 7.50. This announcement was not material.
At all that up, I'm willing to bet that we will be in double digits. We got there before with much less.
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GPeters, i backed you before but not doing it this time....
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.221B |
Open | High | Low | Value | Volume |
$1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 280000 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 280000 | 1.065 |
5 | 149799 | 1.060 |
9 | 124023 | 1.055 |
14 | 191984 | 1.050 |
8 | 134232 | 1.045 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 2000 | 1 |
1.075 | 19000 | 2 |
1.080 | 48905 | 3 |
1.085 | 28905 | 1 |
1.090 | 61845 | 5 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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MSB (ASX) Chart |